India's Heranba Industries surges on revoked pollution board order

Heranba Industries

14/06/2023 07:55

** Shares of Heranba Industries  HERN.NS  surge as much as
15.88% at 411.95 rupees
    ** Co on Wednesday said Gujarat Pollution Control Board's
order for closure of operations at Vapi Pant units revoked
    ** Stock posts sharpest intraday climb since March 15, 2022,
and is on track to snap three straight sessions of losses
    ** Around 1.7 mln shares changed hands by 12:15 p.m. IST in
most active trading session since April 21
    ** Stock's relative strength index jumps above 70 in the
session, indicating it may be overbought
    ** Including session's gains, stock cuts YTD fall to ~20% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))